Clarkston boosts Presurance Holdings (PRHI) stake with stock purchases
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Presurance Holdings, Inc. insider Clarkston Companies, Inc., a 10% owner, reported major share activity. On February 27, 2026, it made an open-market purchase of 9,065,360 shares of common stock at $1.00 per share, leaving the same number of common shares owned afterward.
On the same date, all 1,500 shares of Series B preferred stock held by Clarkston were redeemed and repurchased by Presurance for a per-share price equal to the $5,000 issue price plus $101.30 of accrued and unpaid dividends. Earlier, on December 23, 2025, Clarkston bought 1,600 shares of Series C preferred stock at $5,000 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9,066,960 shares ($17,065,360)
Net Buy
3 txns
Insider
Clarkston Companies, Inc.
Role
10% Owner
Bought
9,066,960 shs ($17.07M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 9,065,360 | $1.00 | $9.07M |
| Other | Series B Preferred Stock | 1,500 | $5,000.00 | $7.50M |
| Purchase | Series C Preferred Stock | 1,600 | $5,000.00 | $8.00M |
Holdings After Transaction:
Common Stock — 9,065,360 shares (Direct);
Series B Preferred Stock — 0 shares (Direct);
Series C Preferred Stock — 1,600 shares (Direct)
Footnotes (1)
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FAQ
What common stock did Clarkston Companies buy in Presurance Holdings (PRHI)?
Clarkston Companies bought 9,065,360 shares of Presurance Holdings common stock at $1.00 per share on February 27, 2026. This open-market purchase left Clarkston holding 9,065,360 common shares immediately after the transaction, indicating a sizable position in the company.
What happened to Presurance Holdings (PRHI) Series B preferred stock held by Clarkston?
Presurance Holdings redeemed and repurchased all 1,500 shares of Series B preferred stock held by Clarkston on February 27, 2026. The redemption price equaled the $5,000 issue price per share plus $101.30 of accrued and unpaid dividends per share through the redemption date.
What were the details of Clarkston’s Series C preferred stock purchase in Presurance Holdings (PRHI)?
Clarkston Companies purchased 1,600 shares of Presurance Holdings Series C preferred stock on December 23, 2025 at $5,000 per share. This transaction was reported as a direct, non-derivative open-market or private purchase, with 1,600 Series C preferred shares owned after the trade.
What transaction codes were used in Clarkston’s Presurance Holdings (PRHI) Form 4?
Clarkston’s Form 4 shows code P for purchases of common stock and Series C preferred stock, indicating open-market or private transactions. Code J was used for the Series B preferred stock redemption, which is classified as another type of acquisition or disposition transaction.